Collection Agency
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  1. #1
    Member Reputation points: 596 BW Capital Solutions's Avatar
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    Collection Agency

    Without collateral...does anyone know a lender that works with collection agencies?

  2. #2
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    I am going to say no. That is pretty much a auto decline across the board
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  3. #3
    Senior Member Reputation points: 7162 TheShitzuofMCA's Avatar
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    No collection agencies they don't pay back. lol I do have someone that will fund Auto Dealers bfranquie@trinitybfholdings.com

  4. #4
    Senior Member Reputation points: 7360
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    If the collection agency has a longstanding history of profitability and their numbers work, I am open.

    I worked in the collection industry for several years. Like any industry, there are good providers and...somewhat less than good ones.

    I am a direct lender. 12-18 month term, monthly payments, $100k - $2M, any state and (almost) any industry.

    Feel free to reach out via email.

    best,

    Dan Page
    dan@fundingstrategypartners.com

  5. #5
    Senior Member Reputation points: 12878
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    LoanMe does not have any industry restrictions if they are in the correct state. How much are they looking for? What do they deposit? Credit?

  6. #6
    Quote Originally Posted by nrh1lp View Post
    LoanMe does not have any industry restrictions if they are in the correct state. How much are they looking for? What do they deposit? Credit?
    Yes, LoanMe can work with collection agencies.
    LoanMe Business
    949-535-7798
    Email: Business.Loans@LoanMe.com




    www.loanme.com/SBL-partner
    1900 S State College Blvd. Suite 300
    Anaheim, CA 92806

  7. #7
    Member Reputation points: 10
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    Does the merchant have credit card processing?
    Best Regards,



    Jennifer Polito

  8. #8
    Noob Reputation points: 10
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    ..
    Last edited by fnunez; 03-30-2016 at 12:31 PM.

  9. #9
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by fnunez View Post
    Hello,

    My name is Frank Nunez and I am a funding advisor with BFS Capital. We are direct lenders and fund up to $2M depending on various factors. We have an in house underwriting team and a 24 hour response time. Feel free to reach me directly at 813-479-5413 or fnunez@bfscapital.com.

    Thank you.
    I give up. The newbies are going to come on the site, and tell everyone right away how new they are. Does anyone else miss the days when new guys would come on, introduce themselves, and say how much they want to learn the industry?

  10. #10
    Senior Member Reputation points: 10944
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    Hello, my name is Andrew Mac. I work at Yellowstone, I specialize in cynical comments.

  11. #11

    Collection Agency

    Nice to connect with you Andy.

    Please share your cynical comments...

    #sarcasm
    Doran M. Summers
    Small Business Loans & Commercial Loans
    3960 Howard Hughes Parkway Suite #500
    Las Vegas, NV 89169
    Doran@DoranSummers.com
    Www.DoranSummersFunding.com
    217.799.0156

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